BTC Daily Intelligence Bulletin (DIB)
Block: 895,956
DTG/ICOD: 1200Z 09May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: US-UK Announce Tariff Deal / First American Pope, Leo XIV / Missiles, Drones Exchanged in India, Pakistan / China Drops Economic Reporting Prior to US Negotiations / Jeanine Piro Named Interim US Attorney for DC / Pentagon to Oust Transgenders / Germany Reclaims Some Hacked Bitcoin / GENIUS Bill Dead / Man Sends Crypto To ISIS / EU To Track all Crypto Exchanged / Arizona Establish Bitcoin Reserve Only for Abandoned / Stocks Up on Trade Deals / Meta ChatBot Privacy Nightmare / ChatGPT Saves Ailing Man / Steak N Shake Now Takes Bitcoin
Market Data: Price: 1 BTC= $103,104, 30.90 oz Gold, .24 Median US House
24hr Hi: $104,297 / Lo: $99,122
Vol: $75B (Up 38%)
Mkt Cap: $2.04T (Up 4%)
HashRate: 908 EH/s
Avg Fee Rate: 6 sats/vBtye (Up 200%)
---Reports---
-International Events-
1. US and UK Announce Tariff Reduction Deal: The United States and Britain finalized a trade agreement to lower tariffs on select goods, boosting UK assets amid economic challenges. The deal aims to strengthen bilateral trade and counter global market pressures. (Reuters)
2. Robert Prevost elected as first American pope and takes the name Leo XIV: The 69-year-old from Chicago stepped into his role as the 267th pope on the balcony of St. Peter’s Basilica. (CNN)
3. 500 Pakistani drones targeted 24 cities in J&K, Punjab, Rajasthan, Gujarat: Apart from swarm of drones, Pakistan also deployed missiles, which were promptly intercepted and blocked by India's air defense units. Meanwhile airlines Reroute Flights Over India and Pakistan.(IndiaToday)
4. China Panics Ahead Of Trade-Talks, Shuts Down Its Economic Data: Rarely do nations go entirely silent on the market, as in turning off the switches and making the data rooms go dark. It is an ominous sign. This is precisely what has happened in China. The bureaus have simply stopped reporting. (ZeroHedge)
-US Events-
1. Trump names Jeanine Pirro interim US attorney for DC: President Trump announced Thursday he’s appointing Fox News host and former prosecutor Jeanine Pirro the interim US attorney for Washington, DC, after his first pick faced what appeared to be insurmountable pushback from Republicans on Capitol Hill. (CNN)
2. Up to 1,000 transgender troops are being moved out of the military in new Pentagon order: The Defense Department announced it would promptly start separating up to a thousand transgender service members who have openly disclosed their gender identity, while also allowing others a 30-day period to self-report under the new order. (GroundNews)
-Regulatory and Legal-
1. Germany seizes $38M in crypto from Bybit hack-linked eXch exchange: The $38 million crypto seizure from Bybit hack-linked eXch was the third-largest crypto confiscation in the history of Germany’s federal criminal police. (CoinTelegraph)
2. Treasury Secretary Scott Bessent Slams Senate Over Failure to Pass GENIUS Stablecoin Bill: The Senate's failure to advance the GENIUS Act, a bill aimed at establishing a federal regulatory framework for stablecoins, has caused uncertainty over stablecoin oversight and digital asset legislation. Treasury Secretary Scott Bessent expressed disappointment, emphasizing the need for American leadership in the global digital assets race. (Decrypt)
3. Man sentenced to 30 years for funding ISIS with cryptocurrency: A Virginia man was sentenced to more than 30 years in federal prison for raising funds for the Islamic State of Iraq and al-Sham (ISIS) using wire transfers, social media, and cryptocurrency. (TheBlock)
4. EU Plans to Track Crypto Transfers, Require Exchanges to Identify Self-hosted Wallet Users: Eurogroup President Paschal Donohoe discussed the EU's plan to expand AML regulation to include tracking cryptocurrency transfers. The new Anti-Money Laundering Regulation will require exchanges to identify users of self-hosted wallets. (Decrypt)
-CBDCs/World Currencies/Strategic Reserves-
1. Arizona Passes Law to Establish Bitcoin Reserve Fund: On May 2, Hobbs vetoed Senate Bill 1025 which would have allowed Arizona state funds to be invested in cryptocurrencies. Hobbs described virtual currencies as “untested investments.” But after receiving another proposal, House Bill HB2749, which permits the state to only hold abandoned digital assets in a special fund, Hobbs gave the thumbs up. (BitcoinCom)
-Institutional Concerns-
1. Bitcoin exchange inflows show heavy institutional activity, virtually no LTH selling: Bitcoin’s pipeline to exchanges is packed with brand‑new coins, leaving long‑held supply largely untouched. (CryptoSlate)
-Economic Indicators-
1. US 10-Year Yield Holds Advance: The yield on the US 10-year Treasury note held above 4.36% on Friday and was on track to post a second consecutive weekly gain, supported by improving global trade sentiment and diminished expectations of near-term rate cuts. (TradingEconomics)
2. Wall Street Rallies on UK Pact: Stocks in the US surged Thursday after President Trump announced a trade deal framework with the United Kingdom, the first major agreement since the US imposed sweeping tariffs earlier this year. The S&P 500 rose 0.6%, the Nasdaq jumped roughly 1.1% and the Dow gained 255 points, fueled by optimism around trade and easing geopolitical tensions. Trump described the UK deal as a breakthrough that would boost American exports, though a 10% tariff remains in place. He also hinted that tariffs on China could come down depending on the outcome of trade talks this weekend in Switzerland, where US officials will meet their Chinese counterparts. (TradingEconomics)
-Security Concerns-
NSTR
-Technology and Science-
1. Meta AI's Personalized Chatbot Raises Privacy and Ethical Concerns: Meta's new AI app collects extensive user data, with analysts noting it exceeds data gathering of competitors like ChatGPT. The platform keeps chat records by default and integrates with Meta's advertising system, raising privacy concerns. (GroundNews)
2. ChatGPT 'Saved' User's Life After Urging Him to Go the Hospital 'NOW' Upon Hearing His Symptoms: 'I Would've Lost an Organ': When he woke up in the morning with more intense symptoms, he decided to consult ChatGPT out of curiosity. After inputting his symptoms, the AI responded with a clear and urgent warning: "Go to the hospital. NOW." (TechTimes)
-Bitcoin Community-
1. Bitcoin to be Accepted at All Steak ‘n Shake Locations in the US Next Week: Steak ‘n Shake will start accepting Bitcoin at all U.S. locations from May 16, allowing customers to pay for items like milkshakes and burgers with BTC. This move will test Bitcoin's speed, cost, and usability in a high-volume, low-margin fast food setting. (Decrypt) (AC-Go support them!)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 73/100 (Up 8 pts)
Analyst Comments (AC): Friday FutureCast: Selected odds by Polymarket today: US recession in 2025?- 52% chance. US-China trade deal before June?- 23% chance. Fed Decision in June?- No change-85%. What price will Bitcoin hit in 2025?- $110K-83%, $120K-67%, $130K-48%
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Listen to us daily on X discuss the DIB and more: X Spaces, Bitcoin Veterans, 10amEST/7amPST
Watch us on YouTube and X Spaces: Tuesdays at 9pmEST/6pmPST
____________________
Analyst: BV2A
END REPORT
NNNN
*NSTR-Nothing Significant To Report
BTC Daily Intelligence Bulletin (DIB)
Block: 895,813
DTG/ICOD: 1200Z 08May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: Pakistan Launches Artillery in Response to India Strikes / Sudan Cuts Dip Ties to UAE / Vatican Prepares for Pope Selection / Pres XI Meets With Pres Putin / Trump Call Powell "Fool" / Students Occupy Columbia Library / USS Truman Loses Another Plane / EU Says 'No' to Anon Wallets / G7 To Discuss North Korean Crypto Hacking Industry / US Banks Get Green Light For Digital Asset Activity / Bhutan Goes Crypto Tourism / Vivek Starts Bitcoin Treasury Company / Revolut Brings Lightning Network to EU / Trump Trade Deal with UK Today? / Bitcoin Hackers Hacked / SpaceX to Launch Every Other Week / Bitcoin Core to Lift Guardrails / Saifedean Teams With Scottish College on Austrian Economics and Bitcoin
Market Data: Price: 1 BTC= $99,505, 29.74 oz Gold, .23 Median US House
24hr Hi: $99,882 / Lo: $95,829
Vol: $54B (Up 60%)
Mkt Cap: $1.97T (Up 3%)
HashRate: 926 EH/s
Avg Fee Rate: 2 sats/vBtye (Up 100%)
---Reports---
-International Events-
1. Pakistan Reports Civilian Casualties from Indian Shelling: Pakistani military shelling in response to India’s air and missile strikes that killed 15 civilians and injured 43 in Poonch and Tangdhar along the Line of Control (LoC). A complete blackout was reported in Jaisalmer, India, amid escalations. India’s Defense Minister Rajnath Singh stated the strikes targeted only those responsible for the Pahalgam attack. (CNBC)
2. Sudan Cuts Diplomatic Ties with UAE: Sudan severed diplomatic relations with the United Arab Emirates, citing undisclosed reasons. This move follows ongoing regional tensions and Sudan’s internal conflict. (Anadolu)
3. Vatican Conclave Prepares to Select New Pope: The Vatican’s conclave is underway to choose a new pope, with global anticipation high. The last two popes were selected on the second day of proceedings, and Thursday’s session is expected to be pivotal. (WaPo)
4. China's Xi arrives in Moscow in show of support for Putin after Ukrainian drones target capital: Xi is the most powerful world leader expected at a military parade on Moscow's Red Square on Friday to mark the 80th anniversary of the victory of the Soviet Union and its allies over Nazi Germany. (Reuters)
-US Events-
1. Trump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady: Trump's criticism followed Powell's decision to hold the benchmark rate at 4.25% to 4.5% despite pressure from the White House to cut rates. (GroundNews)
2. Columbia University: Police Arrest Pro-Palestinian Protesters Occupying Library: he protesters, many wearing masks and kaffiyehs, were seen pushing through the security entrance at the Butler Library on Wednesday afternoon, where they played drums and “posted signs and stickers to free Mahmoud Khalil, a recent Columbia grad who’s been detained by ICE. (Breitbart)
3. Second Plane Falls Off US Aircraft Carrier In 10 Days: A US warplane plummeted into the Red Sea when trying to land on the Harry S. Truman aircraft carrier, a defense official said Wednesday, the second jet lost from the ship in just over a week. "The arrestment failed, causing the aircraft to go overboard," the defense official said. (IBTimes) (AC-High OPTEMPO could be the cause of so many accidents on the Truman, but from a collision earlier this year, to losing a third aircraft, there are some serious indicators of incompetence, mechanical failures, or even sabotage. With any of these possibilities, it's time to explore why and how to fix it.)
-Regulatory and Legal-
1. EU law banning anonymous digital asset wallets by 2027, ‘final’: under Article 79 of the EU’s new Anti-Money Laundering Regulation (AMLR), “credit institutions, financial institutions, and crypto-asset service providers are prohibited from maintaining anonymous accounts” or handling privacy-preserving digital assets, such as Monero (XMR) and Zcash. (CoinGeek) (AC-There is no right to privacy in the new digital EU world.)
2. G7 Countries to Discuss North Korea's Use of Stolen Crypto Next Month: The G7 countries are planning to address and mitigate North Korea's long history of engaging in crypto hacks and malicious cyber activities. Investigations have shown that stolen funds from the crypto industry have been used to support North Korea's development of weapons of mass destruction. The summit, hosted by Canadian Prime Minister Mark Carney, will bring together leaders from the world's seven most advanced economies. (Decrypt)
3. US Banks Get Green Light to Handle Your Crypto? Here’s What OCC’s New Move Means: The Office of the Comptroller of the Currency (OCC) has officially confirmed that US banks and federal savings associations are allowed to provide crypto custody and execution services. This update also gives banks permission to outsource crypto-related services like custody and execution to third-party providers, as long as they follow proper risk management protocols. (CoinGape)
-CBDCs/World Currencies/Strategic Reserves-
NSTR
-Institutional Concerns-
1. Bhutan Goes Fully Crypto for Tourism in Historic Partnership With Binance Pay: Bhutan has partnered with Binance Pay and DK Bank to launch the world’s first national crypto-based tourism payment system, allowing visitors to use digital assets for everything from hotels to market purchases, boosting financial inclusion and innovation. (BitcoinCom)
2. Strive Merges With Asset Entities to Become a Bitcoin Treasury Company Listed on Nasdaq: Strive Asset Management, co-founded by Ohio gubernatorial candidate Vivek Ramaswamy, plans to merge with Asset Entities to become a Bitcoin treasury company listed on Nasdaq. The merger allows accredited investors to exchange Bitcoin for shares tax-free under Section 351 of the U.S. tax code. (Decrypt)
3. Revolut Will Integrate Bitcoin Lightning Network Payments: Revolut is collaborating with Lightspark to introduce Bitcoin transactions on the Lightning Network in the U.K. and select EEA countries. The feature aims to reduce fees and processing time for crypto users, with no specified timeline for its launch. (Decrypt)
-Economic Indicators-
1. US Futures Jump as Trump Hints at Major Trade Deal: US stock futures jumped on Thursday after President Donald Trump posted on Truth Social that there would be a news conference later today to announce a deal with a “big” country, reportedly the UK. (TradingEconomics)
-Security Concerns-
1. 60K Bitcoin addresses leaked as LockBit ransomware gang gets hacked: LockBit is one of the most notorious crypto ransomware groups. While almost 60,000 Bitcoin wallets were leaked, no private keys were included. The exposure of the addresses allows law enforcement and blockchain investigators to track patterns and potentially link past ransom payments to known wallets. (CoinTelegraph)
-Technology and Science-
1. SpaceX Starship Is Gearing Up to Launch Every Other Week From Starbase Following FAA Approval: SpaceX received an approved launch cadence from the FAA that guarantees 25 launches a year. (TechTimes)
-Bitcoin Community-
1. Bitcoin Core to Lift OP_RETURN Guardrails in Next Update: Move Is 'Aligned With Bitcoin's Ethos': A recent statement from the Bitcoin Core team revealed that the controversial change to lift the current guardrails on OP_RETURN restrictions will be implemented in the next version. The statement explains that the decision was made because it aligns with the current bitcoin ethos. (BitcoinCom)
2. Scotland’s Lomond School and Saifedean Ammous Launch New Bitcoin Scholarship Program: Lomond School partners with Dr. Saifedean Ammous to launch the world’s first Bitcoin-powered scholarship fund promoting Austrian economics—inviting Bitcoin benefactors to shape the next generation of economic thinkers. (BitcoinMag) (AC-Expect to see more of this.)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 65/100 (Down 2 pts)
Analyst Comments (AC): NSTR
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BTC Daily Intelligence Bulletin (DIB)
Block: 895,649
DTG/ICOD: 1200Z 07May2025
Precedence: Routine (RR)
Controls: Public Release
QQQQ
__________________________
BLUF: India Air Strikes Hit Pakistan / US-China Meet for Trade Talks / US-Houthi Ceasefire Does Not Include Israel / Canada PM Visits Trump / REAL ID In Effect / SCOTUS Allows Trump Military Transgender Ban / 5 Killed in Human Smuggling Op in San Diego / GENIUS Act Faces Uphill Battle / New US Bill Proposes Lawmaker, President Divestiture of Crypto / New Hampshire is First to Enact Bitcoin Reserve / Bitcoin ETFs Continue Inflow / Fed Meets Today / Stocks Up on US-China Meeting / NSA to Cut 8% of Workforce / Saylor Used AI to Help Design Strategy / Strike Offers Bitcoin Loans /
Market Data: Price: 1 BTC= $96,963, 28.67 oz Gold, .22 Median US House
24hr Hi: $97,625 / Lo: $93,399
Vol: $34B (Up 47%)
Mkt Cap: $1.92T (Up 3%)
HashRate: 906 EH/s
Avg Fee Rate: 0 sats/vBtye (Down 100%)
---Reports---
-International Events-
1. India Confirms Strikes On 9 Pakistan "Terrorist Camps"; Pakistan Claims 5 Jets Shot-Down: ndia said it had launched the operation against Pakistan after gathering evidence “pointing towards the clear involvement of Pakistan-based terrorists” in last month’s attack on civilians in Kashmir. While unconfirmed, a senior Pakistani intelligence source said three Indian jets (and a drone) were shot down in locations “within Indian territory.” (ZeroHedge)
2. Top US officials will meet with Chinese delegation in Switzerland in first major talks of trade war: U.S. Treasury Secretary Scott Bessent emphasized that reducing tensions is a necessary first step before any progress can be made, highlighting that the meeting’s primary goal is to ease conflicts rather than finalize a major trade agreement right away. (GroundNews)
3. US-Houthi ceasefire deal does not include Israel: A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have disrupted global trade and challenged world powers will not come to a complete halt. President Donald Trump announced on Tuesday the U.S. would stop bombing the Iran-aligned Houthis in Yemen, saying that the group had agreed to stop attacking U.S. ships. (Reuters)
4. Canadian Prime Minister Carney arrives in Washington for a high-stakes meeting with President Trump: The meeting follows Trump's imposition of 25 percent tariffs on Canadian goods and his repeated suggestion that Canada could become the 51st US state. (GroundNews)
-US Events-
1. REAL ID Enforcement Begins for Domestic Flights in the U.S.: Starting May 7, 2025, travelers must present REAL ID-compliant identification to board domestic flights in the U.S. The Department of Homeland Security is enforcing the regulation after multiple delays since 2008. (Fox)
2. US Supreme Court allows Trump to enforce transgender military ban: The US Supreme Court temporarily allowed President Donald Trump to enforce his ban on transgender people serving in the military while legal challenges to the policy move forward. (BBC)
3. 5 people charged after 3 dead, 1 missing in alleged human smuggling operation in San Diego: Five people were charged Tuesday for their involvement in an alleged human smuggling operation after a small boat capsized off the San Diego coast Monday morning. “Human smuggling, regardless of the route, is not only illegal but extremely dangerous. Yesterday’s heartbreaking events are a stark reminder of the urgent need to dismantle these criminal networks driven by greed.” an official at HSI San Diego said. (CNN)
-Regulatory and Legal-
1. US Stablecoin Bill GENIUS Act Faces Stiff Bipartisan Opposition, Crypto Legislation in Doubt: The GENIUS Act, aimed at regulating stablecoins, faces opposition from both Democrats and Republicans. Despite bipartisan support in the Senate Banking Committee, recent revisions have caused uncertainty. Senate Republicans are pushing for a vote, possibly to shift blame onto Democrats before the 2026 midterms. (Decrypt)
2. Senate bill seeks to block presidential crypto gains amid TRUMP memecoin controversy: Senate Democrats introduced legislation that would bar sitting presidents, lawmakers, and their families from issuing, endorsing, or holding cryptocurrency. The End Crypto Corruption Act, announced May 6, seeks to prevent elected officials from personally benefiting from digital assets while shaping policy. (CryptoSlate) (AC-Obviously this Dem bill will not get anywhere in the current Congress but it also reeks of hypocrisy, even if there is an ounce of validity,)
-CBDCs/World Currencies/Strategic Reserves-
1. New Hampshire just became the first state to establish a crypto reserve: The bill allows the state treasure to invest as much as 5% of New Hampshire's public funds into precious metal and digital assets with a market cap of over $500 billion. Among crypto tokens, that would include only bitcoin. (BusinessInsider)
-Institutional Concerns-
1. Bitcoin ETFs Start the Week With $425 Million Inflow: Bitcoin ETFs opened the week strong with a $425 million net inflow, entirely driven by Blackrock’s IBIT. Ether ETFs stayed quiet, recording no activity for the day. (BitcoinCom)
-Economic Indicators-
1. Fed Expected to Keep Rates Steady: The Federal Reserve is widely expected to keep the federal funds rate unchanged at 4.25%–4.50% for a third consecutive meeting in May 2025, as policymakers weigh slowing inflation against a still-resilient labor market and heightened uncertainty over trade policy. (TradingEconomics)
2. US Futures Jump on News of US-China Trade Talks: US stock futures climbed on Wednesday after reports emerged that Treasury Secretary Scott Bessent and top trade official Jamieson Greer are set to meet with Chinese counterparts in Switzerland this week to discuss economic and trade issues. (TradingEconomics)
-Security Concerns-
1. NSA to cut up to 2,000 civilian roles as part of intel community downsizing: The largest electronic spy agency in the world must axe 8 percent of its civilian workforce, which covers everything from administrative staff to defense and offensive cybersecurity operators. While the total number of non-military personnel who work at NSA is classified, between 1,500 and 2,000 positions are expected to be cut. (TheRecord) (AC-Where will these highly skilled people go?)
-Technology and Science-
1. Strategy's AI Embrace: Michael Saylor Says He Built His Bitcoin Empire With Chatbot Help: Saylor explained how artificial intelligence helped engineer innovative financial products that powered its Bitcoin treasury, which now holds a staggering $52 billion worth—a more than 200x increase from its $250 million starting stake five years ago. Strategy’s AI-powered approach wasn't just for information gathering. Saylor revealed that his company's financing structures were designed with artificial intelligence. (Decrypt)
-Bitcoin Community-
1. Bitcoin-Backed Loans Now Offered by Jack Mallers' Strike to US Customers, Expanding to Europe Soon: Strike's American customers can now secure Bitcoin-backed loans, with amounts ranging from $75,000 to $100,000 depending on the state. CEO Jack Mallers announced the new service, which will soon expand to other regions, including Europe. (Decrypt)
-Bitcoin Sentiment-
1. Fear(0)/Greed(100) Index: 67/100 (Up 8 pts)
Analyst Comments (AC): NSTR
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